I am very happy to announce that MarketLogics™, our free, daily newsletter, is now featured on Lykken on Lending Radio each week. The newsletter includes: Our nearly-famous song parody’s Market Summary Interest Rate Outlook Volatility Outlook Yield Spread Outlook Long Term Technical Outlook Intraday Technical Outlook MarketLogics Live! is a synopsis of one or two of these insights and, of…
Here’s an excerpt from a recent response written by Congressman Tom MacArthur, R-3rd of Toms River, New Jersey, to a letter to the Editor of the Burlington County Times. There’s more going on in NJ than Bridgegate and the Sopranos. “I’m writing in response to a recent letter to the Editor, “Dismantling consumer finance protection is a very bad idea”…
Did you hear the one about the Bank who had to pay big bucks to the employee who blew the whistle on suspected illegal behavior? Wells Fargo has been ordered to rehire and pay a former employee $5.4 million dollars in back pay, legal fees, and compensatory damages after firing the employee for reporting violations under the Whistleblower Protection Act.…
A major result of the 2008 housing crash was that many people lost their homes. Very sad, but very true. This resulted in two things coming about: 1. These people needed a place to live 2. The market was flooded with unoccupied homes. All that was needed was a way to bring these two components together.…
New Penn Financial, a large successful independent mortgage lender, based in the Philadelphia area, announced a joint venture with a Massachusetts Realtor. New Penn will join forces with Jack Conway, Realtor, to create Conway Financial Services. Conway Financial will operate as a traditional independent mortgage banker, created to provide mortgage financing to Conway’s home buyers and to those seeking to…
Here’s a great opportunity to help someone; while helping yourself. With all of the military actions over the past several years, there are now millions of veterans who are in need of home financing. Many of these vets are blocked from traditional conventional loan programs due to some credit dings resulting from their time in service, and the upfront costs…
